Highly anticipated digital derivatives platform, ZUBR, successfully tested by ex-LSE Group testing firm Exactpro

Exactpro, a specialist firm providing independent functional and non-functional testing has successfully finalised full software testing of ZUBR Exchange ahead of its launch. Exactpro’s testing was aimed at providing transparency to ZUBR’s clients and investors, and has ensured robust trading and risk engine performance.

ZUBR will be the first live digital derivatives platform to have been successfully tested by a professional testing team of such calibre. Exactpro employs over 580 specialists focused on quality assurance for exchanges, clearing houses and security depositories. Exactpro services are used by regulated financial market infrastructures in twenty countries on six continents. Incorporated in 2009 and headquartered in UK, the company was part of the London Stock Exchange Group (LSEG) from May 2015 until January 2018, when Exactpro management completed a buyout of the company from LSEG.

In order to assess the quality and performance of the trading and risk engine behind the ZUBR platform and to provide transparency to ZUBR’s clients and investors, a thorough software testing process was implemented and followed. The testing team leveraged a set of specialized functional and non-functional testing tools developed by Exactpro and tailored to simulate high-frequency trading environment in modern execution venues.

Ilgar Alekperov, CEO of ZUBR, said: “Crypto exchanges and trading opportunities have been changing over the course of the last few years. The current trading environment is becoming more advanced, with additional diversified products and strategies being introduced to stay competitive. We have been building our new trading platform with that in mind and realized early in our software delivery process that we needed thorough and independent software testing to prove that our new platform is fit for purpose for go-live. Exactpro has delivered that for us”.

Alexey Zverev, Co-Founder and Director of Exactpro, said: “Our team has enjoyed working with ZUBR exchange, contributing to the successful launch of its new trading platform. The testing included a few milestones, such as the analysis of documentation and requirements, the development of testing scenarios, multiple rounds of testing, risk assessment and recommendations. A number of testing tools developed by Exactpro to test our clients’ software were used for verifying functional and non-functional requirements of ZUBR’s new trading platform. We look forward to our continued collaboration with ZUBR on any new releases of their innovative technology”.

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Alexey Zverev Exactpro Ilgar Alekperov ZUBR

Author: Eleanor Hazelton

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